Asset Manager

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Tenable

Tenable Ventures invests in early-stage startups for cybersecurity innovation. Focus on emerging tech, visionary leaders, & flexible approach for exposure...

Tenable

Tenable Ventures invests in early-stage startups for cybersecurity innovation. Focus on emerging tech, visionary leaders, & flexible approach for exposure management.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Columbia

Corporate office

Columbia, MD, United States

Additional offices

Dublin, Ireland · Sydney, Australia · Tel Aviv, Israel · London, UK · Singapore · Tokyo, Japan

Principals

Steve Vintz

Co-Chief Executive Officer

Mark Thurmond

Co-Chief Executive Officer

Sector focus

CybersecurityAI/ML

Frequently asked questions

Who runs investment decisions at Tenable Ventures?

Tenable has not publicly named a dedicated head of its corporate venture arm. The group operates within the broader corporate development and strategy function led by Senior Vice President Matt Olton, who joined Tenable in 2019 from Symantec and oversees M&A and related activity (per firm website). Day-to-day investment decisions are not disclosed in external filings.

Is Tenable Ventures structured as a standalone fund?

No. Tenable Ventures invests directly from the parent company's balance sheet rather than through a separate limited partnership. The firm has not reported a dedicated fund size or a formalized external LP base, making it a corporate venture capital vehicle rather than an institutional fund.

What investment stages does Tenable Ventures typically target?

The group targets early-stage and growth-stage cybersecurity companies, typically seed through Series B, that align with Tenable's exposure management ecosystem. The focus is on strategic fit — particularly cloud security, identity, OT, and AI security — rather than stage-defined allocation buckets.

How does Tenable Ventures source proprietary deal flow?

Deal flow benefits from Tenable's commercial scale: over 44,000 customers and a threat-research organization that maps 1.7 trillion unique exposure data points per year (per firm disclosures, 2025). The venture team can identify security startups addressing vulnerabilities observed in live enterprise environments, creating pipeline visibility that most financial VCs lack.

Does Tenable Ventures participate in fund commitments or only direct deals?

Public disclosures indicate Tenable Ventures makes direct minority equity investments in startups. There is no evidence of fund-of-fund commitments or investments in external venture capital firms as limited partner positions.

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